Answer:
$3.72
Explanation:
earnings per common share = earning attributable to holder of common stock ÷ weighted average number of common stocks outstanding
therefore,
earnings per common share = $3.72
Answer:
correct answer is 4) $169,000.00
Explanation:
given data
received distributions totaling = $14,000
remaining benefits lump-sum = $155,000
solution
we know that substantial payment by as distribution method not subjected to the early distribution penalty
but lum sum amount distribution before age 59.5 is subject to 10% penalty
so here we can say till 59.5 year annuity payment not changed
so amount subject to the penalty is = $14000 + $155000
amount subject to the penalty is = $169000
so correct answer is 4) $169,000.00
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
a. $10,783.68
b. $10,510.36 semi annual compounding
Explanation:
a. This question requires the present value of $26,700 given 8 years and compounded annually at 12%.
Present Value = 
Present Value = 
Present Value = $10,783.68
He would need to invest $10,783.68 today.
b. This is a duplicate of question 1 but I will solve it assuming semi-annual compounding just in case.
12% per annum would become = 12/2 = 6% per semi annum
Number of periods would become = 8 * 2 = 16 periods
Present Value = 
Present Value = 
Present Value = $10,510.36
He would need to invest $10,510.36 today.